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The Latest Breaking News from Mining

‘We felt so betrayed’: Indigenous tribe reels after exclusion from US marine sanctuary

The Chumash tribe had advocated for California’s central coast to be protected, but a draft management plan left out the stretch they had hoped would be protected

The Guardian - US

One has to face consequences for mistakes: Jharkhand Governor on CM’s mining lease case

Governor Radhakrishnan stresses need for stern action against organised crime & Maoists in Jharkhand. He said consequences must be faced for mistakes and denied allegations of partisan role. He also said he won't breach SC's 50% cap on quota and will take strong action against Maoists. He's open to all…

The Hindu

DMDK treasurer Premalatha meets Governor, submits representation on various issues including Cauvery water sharing

Premalatha Vijayakanth urged the Governor to intervene and advise the Central and State govts to pressure Karnataka to implement Cauvery Water Management Authority order, take action on illegal mining, Tasmac irregularities, NLC issue, fishermen issue, and teachers strike.

The Hindu

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Brazil’s first-ever minister for Indigenous peoples: ‘It is time for the world to look at our way of life’

Sônia Guajajara rose from poverty to become one of Brazil’s most formidable politicians. She talks about battling farmers, miners and land grabbers – and why technology is not the answer to the climate crisis

The Guardian - UK

Gold Price Today Continues To Rebound, Yet Still Might Go Negative In 2023; These Factors May Weigh Further

Solita Marcelli, chief investment officer for the Americas at UBS, reasons that gold's benefits as a safe haven remain intact.

Investors Business Daily

ED takes possession of assets worth over ₹55 crore in HPZ Token case

ED takes possession of ₹55.36 cr assets in HPZ Token case; probe based on FIR alleging thousands duped on false promise of returns. Assets frozen in connection with online gaming, betting & investments for bitcoin mining. Searches conducted at 44 locations; assets worth ₹176.67 cr frozen.

The Hindu

Chart of the Day: Energy Fuels - Uranium is Still Hot

The Chart of the Day belongs to the uranium mining company Energy Fuels (UUUU) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the...

Barchart

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Coal CPSEs bring clean water to 981 villages in 9 states, benefiting nearly 18 lakh people

Central Public Sector Enterprises (CPSEs) under the Ministry of Coal have demonstrated their commitment to responsible and sustainable mining practices by providing clean water to 981 villages in nine states. Read further on Dynamite News:

Dynamite News

Brazil Court upholds Indigenous rights

The ruling puts up additional road blocks for the mining, logging, and cattle industries

Salon

Land Bill: LDF launches protest against Idukki Land Freedom Movement

LDF protests ILFM's opposition to Kerala Govt Land Assignment (Amendment) Bill, 2023. CPI(M) district secretary C.V. Varghese & LDF district convenor K.K. Sivaraman allege ILFM trying to protect mining lobbies & land encroachers.

The Hindu

Allied Power acquisition to energise remote projects

Two companies are joining forces on energy transmission projects for the mining sector as remote operators increasingly need ways to decarbonise.

AAP

Buy This Mining Stock Now for the Inevitable Copper Shortage

The decarbonization of the world’s power grids and auto fleets will drive up demand for copper, and investors should buy this top mining stock to take advantage as demand overwhelms supply.

Barchart

Chart of the Day: Denison Mines - Uranium Stock Heats UP

The Chart of the Day belongs to the Canadian uranium mining company Denison Mines (DNN) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used...

Barchart

Big users bankroll new power to offset carbon footprint

Mining companies are among big energy users bankrolling wind farms and other renewable energy projects to offset carbon emissions.

AAP

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The Hindu

In Tamil Nadu, yet another sand storm

Madras HC orders State to ensure sand sale only with approved building plan; TN govt rolls out SOP; illegal sand mining rampant, ED conducts searches, freezes ₹12.82 cr in cash, seizes ₹2.33 cr in unaccounted-for cash, 1024.6 gms of gold; TN police have little info on ED op; 2012 team…

The Hindu

Over 3,500 mining units halted operations in A.P. owing to burden of multiple taxes, says industry body

FEMMI's Ch. Rao urges A.P. govt. to meet stakeholders as 50,000 workers lost livelihood due to mining crisis. 10,000 workers of Srikakulam's granite industry unable to earn daily wage. Govt. has not implemented simplified slab system & reduced power tariff. Consideration Tax, 10-fold increase in dead rent & compulsory production…

StockNews.com

3 Safe Gold Stocks Pointing to Buy

Gold is often considered a safe-haven asset during economic uncertainty and is used as a hedge against inflation. Given a long-term robust outlook for gold on solid demand and rising prices, fundamentally sound gold stocks Alamos (AGI), Harmony Gold Mining (HMY), and Eldorado Gold (EGO) could be solid buys for…

The Hindu

Congress cries foul over Vigilance inquiry against Kuzhalnadan

Cong. attacks Pinarayi Vijayan govt. for launching political witch-hunts against dissenters, whistle-blowers, Opp. leaders & journalists. Kuzhalnadan had attempted to bait Mr. Vijayan over corruption allegations against his daughter. Mr. Vijayan denied the imputations & alleged an Opp.-corporate media plot. Kuzhalnadan alleged political corruption by proxy & quoted IT consultancy's…

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The Conversation

German police have long collaborated with energy giant RWE to enforce ecological catastrophe

In early 2023, the German village of Lützerath was the site of violent clashes between thousands of protesters and police who wanted to clear the village so it could be swallowed up by Garzweiler II, a huge opencast coal mine. In small groups, police forces charged into groups of protesters,…

The Canberra Times

Undermined: Mining process questioned

Business owners question the process that encouraged them to support the Avonbank Mine

AAP

Emerging 'green premiums' for Aussie critical minerals

Seed money from Australia's green bank often goes to solar and wind farms but mining is recognised as having a "crucial" role in efforts to decarbonise.

The Hindu

Engineer-in-Chief calls for report on alleged irregularities in sand mining business

The Hindu

ED calls for details of sand sales in Tamil Nadu

ED probes illegal sand mining in TN; requests State Govt for details. Seeks evidence of companies, benami transactions, summons issued to suspects.

Newcastle Herald

'Extreme disappointment' mining program slashed in NSW budget

'It's only fair that communities like Singleton be adequately compensated.'

AAP

Lithium producer 'almost died' before leading the pack

Mining bosses have been warned to expect more scrutiny from regulators and investors as the critical minerals sector rides out a "tumultuous" period.

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